by Sunday | Mar 14 | Commerce WAEC
A. to sell B. not to sell C. to buy D. not to buy Correct Answer: Option A A. to Explanation A put or put option is a stock market device which gives the owner the right, but not the obligation, to sell an asset at a specified price by a predetermined date (the...
by Sunday | Mar 14 | Commerce WAEC
A. delivery note B. consignment note C. advice note D. credit note Correct Answer: Option A A. delivery note Explanation A delivery note is a document accompanying a shipment of goods that lists the description, grade, and quantity of the goods delivered but does not...
by Sunday | Mar 14 | Commerce WAEC
A. employers liability B. fidelity guarantee C. life endowment D. marine insurance Correct Answer: Option B B. fidelity guarantee Explanation Fidelity guarantee insurance; An agreement whereby, for a designated sum of money, one party agrees to guarantee the loyalty...
by Sunday | Mar 14 | Commerce WAEC
A. an indication of the seller’s willingness to grant credit B. a polite way of telling the customer to return the goods C. an invitation to the buyer to buy on hire purchase D. a polite way of refusing to sell on credit Correct Answer: Option D D. a polite way...
by Sunday | Mar 14 | Commerce WAEC
A. democratically administered B. an independent association C. open only to entrepreneurs D. a voluntary association Correct Answer: Option A A. democratically administered Explanation A chamber of commerce (or board of trade) is a form of business network, whose...